The Solana-based meme coin Dogwifhat (WIF) is expected to experience a significant price rally. This optimism is driven by bullish on-chain metrics.
Despite a broader downturn in the cryptocurrency market, WIF's open interest has been increasing steadily since September 2024, as per CoinGlass data.
The continuous rise in open interest and positive funding rates suggest that investors remain optimistic about WIF's price potential.
